F1’s three angry teams seemed slightly less angry on Saturday after a meeting with Donald Mackenzie.

The usually paddock-shy CVC chief made the trip to Abu Dhabi to meet with Bernie Ecclestone and Lotus, Sauber and Force India, with the three teams crying foul over how the power and income is distributed within formula one. Read the rest of this entry »

Jules Bianchi “will be very heavily disabled” if he ever emerges from his coma, according to the former F1 driver Philippe Streiff.

The Frenchman, who was paralysed after a 1989 crash, caused a stir on Wednesday when he told French radio Europe 1 that his friend Michael Schumacher is paralysed, can’t speak and has memory problems. Read the rest of this entry »

Having already blasted some of F1’s struggling drivers, a travelling correspondent has now turned his attention to the worst teams of 2014.

First in the Telegraph journalist Daniel Johnson’s sights was Caterham, who despite returning from a two-race absence in Abu Dhabi has been “a basket case from start to finish” this year. Read the rest of this entry »

The backmarkers, in administration amid financial problems, sat out the US grand prix and will again be absent in Brazil, where the F1 world began on arrive early on Wednesday amid heavy rain. Read the rest of this entry »

Just days after Caterham’s management accepted the same fate, UK insolvency experts FRP Advisory have taken over Manor Grand Prix Racing Limited, which in F1 is known as Marussia. Read the rest of this entry »

F1 risks sliding into crisis and having to reinvent its very DNA as struggling backmarker teams begin to succumb to collapse.

HRT folded in 2012, and now F1’s two other newest teams Caterham and Marussia are in the throes of financial administration. Organisers of next weekend’s US grand prix look set to welcome just 9 teams to an 18-car grid, unprecedented since BAR-Honda was banned for a time almost a decade ago.Read the rest of this entry »

Marussia is not commenting on claims it will sit out the next races and is on the verge of being put into the hands of administrators.

Amid Caterham’s well-documented troubles, Bernie Ecclestone revealed that Marussia will also sit out the Austin-Brazil double header. And F1 business journalist Christian Sylt claims the team has notified the High Court that it also intends to go into administration. Read the rest of this entry »

More alarming news about the health of the ailing F1 backmarker Caterham has emerged.

The posts have now been deleted, but race driver Kamui Kobayashi reportedly admitted on Facebook recently that he considered pulling out of the Russian grand prix when Caterham ran out of spare parts. Read the rest of this entry »

At least four major publications believe there are “growing concerns” about the health condition of seriously injured F1 driver Jules Bianchi.

At present, the only official news is that the Frenchman suffered a ‘diffuse axonal injury’ in his Suzuka crash last Sunday, and now lies in a Japanese hospital in a ‘critical but stable’ condition. Read the rest of this entry »

Bernie Ecclestone has argued consistently that F1’s first visit to Russia should not be mixed with the country’s political situation.

F1 has made the 8,000 kilometre trek from Suzuka to the all-new Sochi Autodrom, but many are not in the mood to celebrate the sport’s latest destination. That is not just because the Russian grand prix is controversial in the shadow of the Ukraine conflict, with president Vladimir Putin slated to attend. Read the rest of this entry »

Mere days after the Suzuka race, F1 authorities are continuing to withhold official video footage of Jules Bianchi’s horror crash.

So far, despite widespread reports that the sport’s commercial rights holder FOM did film the incident with its high definition trackside cameras, the footage has not been released. Read the rest of this entry »

The signs are growing stronger that Caterham may not make it to the end of the 2014 season.

Already this week, rumours were doing the rounds that unpaid suppliers Pirelli and Renault are growing increasingly impatient with the situation in the wake of founder Tony Fernandes’ shock mid-season exit. Read the rest of this entry »

Ferrari could become the first F1 team to actually own a stake in the sport, the Telegraph reports.

F1 business journalists Christian Sylt and Caroline Reid reveal that, as a non-executive director of the sport’s holding company Delta Topco, departing Ferrari president held an option to buy into F1 to the tune of about $25 million. Read the rest of this entry »